AGRIPA PROSJEKT AS: årsregnskap 2023 vs 2022
Shrank 60% on revenue, weaker earnings
approved 2024-07-23; registry 2024-07-29; journal 2024 682735
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGRIPA PROSJEKT AS. Revenue 19.94m NOK → 8.05m NOK (-59.6%). Net result -964.9k NOK → -3.35m NOK. Equity -127.6k NOK → -3.18m NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGRIPA PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 103.8k NOK → 669.7k NOK (+545.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 4.19m NOK → 1.18m NOK (21% → 15% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 19.94m NOK to 8.05m NOK (-59.6% YoY). Calculated
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↓
Operating result weakened
Operating result -1.22m NOK → -3.42m NOK (op. margin -6.1% → -42.5%). Calculated
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↓
Net result weakened
Net result -964.9k NOK → -3.35m NOK (net margin -4.8% → -41.6%). Calculated
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↓
Equity eroded
Book equity -127.6k NOK → -3.18m NOK (equity ratio -1.7% → -79.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -79.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 13.23m NOK → 8.09m NOK (-38.8% YoY). Calculated